Brazil's plan to boost the economy and send a good report to …

By admin at 2 November, 2009, 1:06 pm

Brazil has extended tax breaks on energy -efficient home appliances for three months in a bid to boost consumption and consolidate a rebound in Latinamerica’s largest economy. The announcement was made last week by Finance … The tax breaks on refrigerators, washing machines and other home appliances will cost the government 132.1 million Reais (75.7 million US dollars) in lost revenue but should keep prices low , helping demand from low -income consumers, Mantega added.

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Brazil's plan to boost the economy and send a good report to …

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